you didn't mention the International Risks. One of them being rising interest rates in the US, Trumpenomics, renegotiation of NAFTA, Brexit, Korea. All of these issues threaten to destabilize the world economy and could have a major effect on our real estate prices. All of these issues could be positive or negative to Vancouver RE.

you didn't mention the International Risks. One of them being rising interest rates in the US, Trumpenomics, renegotiation of NAFTA, Brexit, Korea. All of these issues threaten to destabilize the world economy and could have a major effect on our real estate prices. All of these issues could be positive or negative to Vancouver RE.

you didn't mention the International Risks. One of them being rising interest rates in the US, Trumpenomics, renegotiation of NAFTA, Brexit, Korea. All of these issues threaten to destabilize the world economy and could have a major effect on our real estate prices. All of these issues could be positive or negative to Vancouver RE.

Good points. I'll let you guys comment on them individually.
Can anyone add to out understanding of the debt load that home buyers have signed on for? Any anecdotes?

you didn't mention the International Risks. One of them being rising interest rates in the US, Trumpenomics, renegotiation of NAFTA, Brexit, Korea. All of these issues threaten to destabilize the world economy and could have a major effect on our real estate prices. All of these issues could be positive or negative to Vancouver RE.

Good points. I'll let you guys comment on them individually.
Can anyone add to out understanding of the debt load that home buyers have signed on for? Any anecdotes?

... Home Capital’s troubles are being closely watched by investors concerned about possible contagion to other lenders and to the red-hot housing markets in Toronto and Vancouver. The Canadian dollar has slumped, and is the worst performing currency among Group of 10 nations this year. Moody’s Investors Service late Wednesday cut the credit ratings on six Canadian banks, citing rising household debt and soaring real estate prices that make the banks more vulnerable to losses.

If Home Capital collapses it would “have significant knock-on effects, particularly to new Canadians and others who this company services,” Hibben said, referring to the “alternative” market of borrowers, such as immigrants or small-business owners, who have trouble getting loans from big banks due to lack of credit or income history. Hibben estimates Home Capital has about 5 percent of this market..."https://www.bloomberg.com/news/articles ... s-earnings

WE know that the foreigner buyers tax etc has had an effect on detached in prime areas. We know that condo supply will be at historically high levels. We just had an election with a possible NDP/Green government.

What else could start the ball rolling. Turn the market around in a rush?

Here's a guy who has mental health issues...

"Getting Mad at the Wrong Trump Economic Blunder

His assertion about taxes is far worse than an old phrase he thinks he coined...

Ha ha ha! Trump thinks he just coined the term "prime the pump" a few days ago! Economists and politicians have been using it for generations! In fact, even Donald Trump has been using the phrase since at least late last year, when he told Time magazine's Michael Scherer in his Person of the Year interview:

... But none of that is why I'm writing this column. I'm writing this column because, in the middle of his historically naive explanation of Keynesian pump-priming, Trump threw out a statement that is dramatically, dangerously wrong -- and the interviewers from the Economist didn't correct him on it.

That statement is, of course, "We’re the highest-taxed nation in the world." Here are the latest numbers on tax burdens among affluent nations (from a column I wrote when the Organization for Economic Cooperation and Development released them in December):..."